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PTI govt issues ordinance to waive over Rs300b GIDC dues

PTI govt writes off half of liabilities of industrialists, late payment surcharge

The Pakistan Tehreek-e-Insaf (PTI) government has waived Rs208 billion worth of liabilities of a few industrialists in addition to writing off late payment surcharge for the past seven years through a presidential ordinance, bringing into dispute its claim of a clean government.

President Arif Alvi on Tuesday promulgated the Gas Infrastructure Development Cess (Amendment) Ordinance 2019 to waive half of the outstanding liabilities of fertiliser, textile, power generation and compressed natural gas (CNG) sectors. The ordinance was published in the official gazette on Wednesday

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